Meta AI Builds an Ideal Portfolio for 2024 Crypto Rally

The cryptocurrency market has been in a consolidation range for the past six months, having recently experienced two crashes that analysts have dubbed “shake-outs” and “bear traps” ahead of the much-anticipated cryptocurrency bull run in 2024.

Seeking insights on how best to build an investment position, Finbold turned to Meta’s (NASDAQ: META) most advanced artificial intelligence (AI), Llama 3.1, asking for the ideal crypto portfolio given this potential opportunity.

Notably, Meta AI offered a full portfolio divided into four tiers. First, large-cap cryptocurrencies representing 40% of the investment and three others separated by categories, with a 20% allocation each.

As announced, the objective is to balance risks and potential returns through diversification, focusing on strong fundamentals and growth.

Meta AI Llama 3.1 Portfolio Objectives. Source: *NanoGPT* / Finbold

The logic behind the tiers is to provide a solid foundation with “Tier 1”; to bet on the growth potential and adoption via DeFi, lending, gaming, NFTs, metaverse; and to aim for the long-term success of the cryptocurrency industry with scalability and interoperability.

Level 1: Large-Cap Cryptocurrencies (40%)

Building on the solid foundation offered by large-cap “tier 1” cryptocurrencies, Meta AI allocates 15% of its portfolio to Bitcoin (BTC). Ethereum (ETH) is the second largest allocation, at 10%, followed by three others with a 5% allocation each.

These are BNB Chain (BNB), Cardano (ADA) and Solana (SOL), competing for the same market share as Ethereum.

Meta AI Llama 3.1 Portfolio Breakdowns – Level 1. Source: *NanoGPT* / Finbold

Level 2: DeFi and Lending Protocols (20%)

Second, “Tier 2” is comprised of decentralized finance (DeFi) and lending protocols, offering a promising growth opportunity. With a 5% allocation each, Meta AI chooses Uniswap (UNI), Aave (AAVE), Compound Finance (COMP), and MakerDAO (MKR) – now Sky (SKY).

Meta AI Llama 3.1 Portfolio Breakdowns – Level 2. Source: *NanoGPT* / Finbold

Level 3: DeFi and Lending Protocols (20%)

Meta AI believes that community engagement will play a critical role in the cryptocurrency bull run in 2024, and is investing accordingly. In this regard, “Tier 3” includes cryptocurrencies focused on gaming, non-fungible tokens (NFTs), and the metaverse.

Four projects make up the 20% allocation equally: The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS), and Enjin Coin (ENJ).

Meta AI Llama 3.1 Portfolio Breakdowns – Level 3. Source: *NanoGPT* / Finbold

Level 4: Scalability and Interoperability (20%) for the 2024 Cryptocurrency Rally

Finally, four other cryptocurrencies are included in Meta AI’s “Tier 4” of the ideal crypto portfolio for the 2024 bull run. This tier includes 5% of Polkadot (DOT), Cosmos (ATOM), Near Protocol (NEAR), and Harmony (ONE), for a total of 20%.

Llama 3.1 named it a level of scalability and interoperability, doubling the technological potential of the space.

Meta AI Llama 3.1 Portfolio Breakdowns – Level 4. Source: *NanoGPT* / Finbold

In conclusion, Meta AI has delivered one of the most comprehensive and well-thought-out cryptocurrency portfolios we’ve covered on Finbold. Still, investors should take this with a grain of salt, given that the AI models are limited to public data and might be outdated.

As the 2024 cryptocurrency bull run approaches, building a solid portfolio can make the difference in achieving good results. Therefore, people can learn with this framework while deciding their particular allocations according to their investment profile and goals.

Disclaimer: The content of this site should not be considered investment advice. Investing is a speculative activity. When you invest, your capital is at risk.